delegates at annual meetings, these delegates alone doing the voting.
Proxy voting is not allowed. The charter is designed, in brief, to
introduce the system of internal government that has been in practice
by the Alberta Farmers' Co-Operative Elevator Company and the
Saskatchewan Co-Operative Elevator Company and has proved so
satisfactory in every way.
This "merger" is unique in that the objections to a monopoly cannot be
urged against it. There is no watered stock. With proxy voting
eliminated no group of men can gain control of the company's affairs.
Stock holdings by individuals is limited to $2,000 on a capitalization
of five million and no man can grow rich by speculation with assets.
Instead of exploiting the public the aim is service--reduction of
prices instead of inflation.
United Grain Growers, Limited, have begun their first year's business
as an amalgamated farmers' concern, all the final details having been
settled to the entire satisfaction of the farmers interested.
The fact that the Saskatchewan Grain Growers' executives did not decide
to amalgamate their co-operative marketing machinery with that of the
others just now must not be misconstrued as a lack of harmony among the
leaders of these powerful institutions. For they are meeting
constantly in their inter-provincial relations, for mutual business
advantages and in the broader educational aspects of the entire
Movement.
It will be seen that with such complete and solid business resources
established in the three Prairie Provinces the organized farmers have
been in a position to widen their field of influence and to carry on
much propaganda work. The Movement has spread steadily until it
embraces organization in other than prairie provinces. There seems to
be a tendency among the entire agricultural population of Canada to
organize and co-operate; so that it is not impossible for Canadian
farmers in time to have a unity of organization in every province of
the Dominion.
In Ontario for many years there have been various farmers clubs,
associations or granges. Until 1914 these were merely disorganized
units. At the annual meeting of the Dominion Grange, however--December
17th and 18th, 1913--the advisability of consolidating for greater
co-operation was discussed at some length. Representatives from the
Western Grain Growers were present and told the story of what the
Western farmer had accomplished. A committee[2] was appointed
|